The latest trending report published by Crystal Market Research
titled, Healthcare Biometrics Market, approximates that the Healthcare
Biometrics industry size is estimated to flourish at a significant CAGR in the
future, and this is attributed to the escalation in need for this product
across the globe along with novel innovations in the market.
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Increasing focus of various healthcare
providers towards biometric solutions for patient identification and
information security will play a significant role in the growth of healthcare biometrics market.
Continuous improvements in technology and up gradation of
existing products will lead to rise in approval of these devices thereby
boosting the market growth. However, high cost associated with implementation
of biometric devices and concerns regarding patients’ information security will
restrain the market growth.
Fingerprint recognition segment dominated the global market in
2016, due to high adoption rate of the technology because of its high
reliability. Multi-factor authentication market is expected to grow at highest
CAGR during the forecast period, due to increased adoption of multi-factor
authentication among healthcare professionals with rise in demand for efficient
verification techniques.
North America dominated the global market in
2016, owing to increasing number of cybercrimes and cyber thefts.
This high incidence of cyber frauds is expected to boost the
market growth in this region.
Asia-Pacific is expected to witness highest growth rate during the forecast period, primarily due to various government efforts, increasing integration of IT in healthcare, and rising concerns for database securities in the region.
Asia-Pacific is expected to witness highest growth rate during the forecast period, primarily due to various government efforts, increasing integration of IT in healthcare, and rising concerns for database securities in the region.
Key Players in Market:
Some of the major players in the global market are Fujitsu,3M Cogent, Inc., CROSSMATCH Technologies Inc.,BIO-Key International Inc.,NEC Corporation of America, Suprema Inc., Integrated Biometrics LLC, and Imprivata Inc.
Some of the major players in the global market are Fujitsu,3M Cogent, Inc., CROSSMATCH Technologies Inc.,BIO-Key International Inc.,NEC Corporation of America, Suprema Inc., Integrated Biometrics LLC, and Imprivata Inc.
Some of the key questions answered by the report are:
· What was the market size in 2016 and forecast from 2017
to 2025?
· What will be the industry market growth from 2017 to
2025?
· What are the major drivers, restraints, opportunities,
challenges, and industry trends and their impact on the market forecast?
· What are the major segments leading the market growth and
why?
· Which are the leading players in the market and what are
the major strategies adopted by them to sustain the market competition?
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